Stock Watch announce Major Expansion around Ireland
Stock Watch, Ireland’s Premier Bar Stocktaking solution has announced that it is expanding its business through franchising in Ireland. Established by Sean & Kate Murphy in Galway they plan to open 22 franchisees in Ireland between 2012 and 2013. With 35 years in the hospitality industry they have created an advanced custom – built stock-taking solution that reduces theft and improves profitability for their clients.
Kate Murphy, Director commented” Studies have shown that the hospitality industry suffers from a “shrinkage” problem far exceeding any other sector. Beverage audits of bars, restaurants, hotels and clubs have revealed that these losses range from 15-35% with the average loss being almost 20%”
The franchise is an excellent opportunity for an individual that is looking to set up their own business for a low cost of entry. Potential earnings are from €75,000+ per annum and each individual franchisee has their own assigned territory.
In April 2012 Stock Watch was finalist in the 2012 Best Emerging Franchise Awards in Dublin which were sponsored by Ulster Bank. Sean Murphy commented” We were delighted to have been selected as a finalist in the 2012 Franchise Awards. We see that the franchising sector contributes €2.4 billion to the Irish economy and the franchise package that we have created at Stock Watch will create successful full-time employment for the economy. We have already recruited our first franchisee Geraldine McCormack for the County Galway territory and she is up and running successfully as we speak”.
Stock Watch is organizing Discovery Evenings around Ireland and if you would like to receive further information on this franchise email: firstname.lastname@example.org.